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Commitment to racial equity

We believe our business is stronger when our economy is more inclusive, which is why in 2020, JPMorgan Chase announced its $30 billion Racial Equity Commitment to help close the racial wealth gap and advance economic inclusion among Black, Hispanic and Latino customers and communities that are underserved in the U.S.

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Our progress

While we have invested and financed more than $30 billion toward elements identified in our Racial Equity Commitment, we are aware of the work that remains to be done both in meeting each of our 18 individual commitments, and in continuing to support the communities that we serve.

We plan to continue our efforts beyond the original five-year commitment to leverage the scale and reach of our business to advance equity for underserved communities and help to close the racial wealth gap.

  • 192K+

  • Affordable rental units preserved

  • 11K+

  • Units of affordable housing constructed or rehabilitated

  • $2.3B

  • Of incremental Low Income Housing Tax Credit investments

  • 8.7K+

  • Incremental loans to businesses in majority Black, Hispanic and Latino communities

  • 723K+

  • Net new low-cost checking accounts with no overdraft fees

  • 149

  • Community managers hired

  • 14

  • Community Center branches opened

  • 126

  • Branches opened in low-to-moderate income areas

Read our latest ESG Report

The annual ESG Report consolidates and summarizes our work on ESG topics that are important to our business and our stakeholders.